$TREE
The TREE coin is the native utility and governance token for Treehouse, a decentralized finance (DeFi) protocol focused on building a fixed-income layer for digital assets. This infrastructure aims to bring stability and predictability to the DeFi space by creating benchmark interest rates and yield optimization tools.
The TREE coin is the native utility and governance token for Treehouse, a decentralized finance (DeFi) protocol focused on building a fixed-income layer for digital assets
. This infrastructure aims to bring stability and predictability to the DeFi space by creating benchmark interest rates and yield optimization tools.
Core functions of the protocol
tAssets: These are yield-generating tokens that use smart arbitrage strategies to earn optimized yields for users. For example, the first tAsset, tETH, continuously searches for the best yield opportunities within the Ethereum ecosystem.
Decentralized Offered Rate (DOR): A decentralized, on-chain mechanism for setting benchmark interest rates for various crypto assets, similar to traditional financial benchmarks like LIBOR. This helps to standardize fragmented interest rates across different DeFi platforms.
Risk Management: To protect users, the protocol includes measures like a dedicated insurance fund, a Protocol-Owned Peg Protection (PPP) mechanism to handle market volatility, and a contingency plan for significant "depeg" events.
Utility of the TREE coin
